Energy Compacts Annual Progress Report 2026
At the 5-year mark, Energy Compacts deliver results
In the five years since the UN launched the Energy Compacts to mobilize voluntary commitments from all stakeholders, 308 million people have gained new or improved access to electricity through these actions, according to the 2026 Energy Compacts Annual Progress Report.
Still, 655 million live without electricity, and progress has slowed on this and other global energy targets under Sustainable Development Goal 7 (SDG7), underscoring the urgent need to accelerate. Since 2021, 36.2 million people have gained access to clean cooking through Energy Compact proponents, far from the goal of serving the 2 billion people still cooking with harmful polluting fuels.
Renewables growth continues to move forward, with 338 Gigawatts of renewable capacity installed since 2021 through Compact action, although growth was largely in developed countries. The cumulative amount of finance mobilized or deployed by Compact proponents, mostly private sector investment in renewables, has nearly doubled in the last two years, reaching US$389 billion in total, against US$1.6 trillion pledged by 2030.